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All Forum Posts by: Mike Sagesse

Mike Sagesse has started 4 posts and replied 16 times.

Post: Handling listings in addition to a 40 hour/week job

Mike SagessePosted
  • Commercial Real Estate Agent
  • Brooklyn, NY
  • Posts 17
  • Votes 1

I think it all depends on how well you can manage your time between you got breaks and off days and such,use that to your advantage and then even marketing to the people in your jobs is sure to get you a good lead or two.

Post: abondonn properties with no real leads help

Mike SagessePosted
  • Commercial Real Estate Agent
  • Brooklyn, NY
  • Posts 17
  • Votes 1

@Randy Johnston, Okay that may be just what i need, i'm not sure the time frame either  but i will look into it and see thanks again  

Post: abondonn properties with no real leads help

Mike SagessePosted
  • Commercial Real Estate Agent
  • Brooklyn, NY
  • Posts 17
  • Votes 1

Thank You very much @RandyJohnston for the help. I couldn't find a phone number so far but i do have an address ill try sending a mailer or something. there's no mortgage the house is free and clear, and  can you refresh my memory on what a prelim is and how i can run one.

Post: abondonn properties with no real leads help

Mike SagessePosted
  • Commercial Real Estate Agent
  • Brooklyn, NY
  • Posts 17
  • Votes 1

Hello Folks 

Heres the deal (no pun intended) i'm a realtor and every once a while a client walks into the office and is a tenant and their landlord has abandon the property. in this particular situation the landlord who left the property isn't the owner but his son the actual owner has passed away, so my client who walked in says shes has been having a hard time with the son who hasn't done much to up keep the property and has just been taking the rent till one day he decides to up and leave. so now shes looking for a new place to rent but now the same time this 3 family home sits vacant shes the only tenant till she finds a place. 

 so far i've  looked into it to see whats going on. So far the home is currently in lis pendas  deed is still under the late fathers name. the only thing that confuses me is the fact that the property taxes are going to a random address to this other person who is actually paying the taxes on time. 

now i don't know what my next move should be, any suggestions or ideas of what i should do next cause i'm stuck..... i hope my story makes sense  

Post: I bought a house for $1,000 and made 1,100% return in 3 weeks.

Mike SagessePosted
  • Commercial Real Estate Agent
  • Brooklyn, NY
  • Posts 17
  • Votes 1

congrtulations @Bill S.  this deal is a inspiration.

congratulations, happy anniversary, and thank you

Post: How do I make 5k passively in real estate???

Mike SagessePosted
  • Commercial Real Estate Agent
  • Brooklyn, NY
  • Posts 17
  • Votes 1
Originally posted by Ugochukwu Opara:
Hey,

My goal with real estate is to net $5,000 a month from rental income in the next 10 years. I'm currently a real estate agent in the Philadelphia area and I also do flips. The pay is great but its basically a 9 to 9 job. I have no problem with working hard and smart. My current problem now is that once I leave or take a vacation ... so does my income!! Which sucks. I'm only 23 but I'm thinking of when I get older and have kids and I'm missing games and birthday because I have to chase that dollar.

QUESTION:----->

How does one go out there and build a portfolio of rental properties where you NET $5,000 a month in 10 years time or less? Please be a detailed as you possible can! Thank you so much.

Post: wholesaling vs NY

Mike SagessePosted
  • Commercial Real Estate Agent
  • Brooklyn, NY
  • Posts 17
  • Votes 1

Thank You for the information @Jake Bobeck ..another question i have is how much of a difference is commercial wholesaling to residential

Post: wholesaling vs NY

Mike SagessePosted
  • Commercial Real Estate Agent
  • Brooklyn, NY
  • Posts 17
  • Votes 1

thantks Carolina E the info is greatly appreciated

Post: wholesaling vs NY

Mike SagessePosted
  • Commercial Real Estate Agent
  • Brooklyn, NY
  • Posts 17
  • Votes 1

@Carolina E thank you for the warm welcome ..i have about 3 questions do you need any kind of certification to get started
what is the most creative way to market yourself and these homes and is commercial wholesaling any different from residential